Disney-based company taps Idealogy executive

Since 2008, Smith had been the senior production exec at Sean Bailey’s Disney-based Idealogy, but that banner was recently shuttered after Bailey was named Disney’s president of production.

“Adam and I are thrilled to have Matt join Offspring as he is sure to be an enormous asset in both bringing in new material and producing,” Gibgot said. “We love the movies he has in development from ‘Valley Girl: The Musical’ to ‘Maleficent.’ Both of these exciting projects were conceived out of his ideas and speak to his range of talent.”

During his time at Idealogy, Smith oversaw all aspects of production and development and was a producer on the now dry-docked “20,000 Leagues Under the Sea: Captain Nemo” as well as a remake of “The Black Hole.”

Smith is also a producer on Universal’s “Villains,” based on the Viper graphic novel.

Before Idealogy, he was the head of development for Michael Bay’s Platinum Dunes, where he where we oversaw “Friday the 13th” and “The Unborn.” Smith, who began his career at the former BWCS Agency, also had stints at Weed Road Pictures and Revolution Studios.

Offspring produced “The Last Song,” which is currently onscreen, and is readying the release of “Step Up: 3D” and “Going the Distance.”